Elliot wave 5 down

    what a nightmare....

    Posted by kobie on 1st of Sep 2010 at 12:27 am

    There is a elliot wave count that shows the past 3 days was a sidewaves move for wave 4 and that wave 5 down is still to come(wave 5 down of 1down). Should go below 1040. Then a corrective rally wave 2 up that would scare all the shorts and then the dreaded wave 3 down. Would not worry to much about futures. Same thing happened 2 days ago, futures up over a 100 over night then came down sharply. Of course the 15 min down channel must not be broken.

    Wishful thinking...

    Posted by burkmere on 1st of Sep 2010 at 12:29 am

    methinks.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!